How Big Businesses Can Help Smaller Ones After a Disaster.

  • Published In: Harvard Business Review Digital Articles, 2024. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: White, Olivia; Chockalingam, Kanmani; Kumar, Adi; Stephens, Daniel 3 of 3

Abstract

The article discusses the crucial role that big businesses can play in supporting smaller businesses after a disaster, emphasizing the impact on local economies, employees, and communities. Small and medium-sized enterprises (MSMEs) are vital to the U.S. economy, employing a significant portion of workers and contributing to economic value. Large businesses can assist smaller counterparts by enhancing revenue streams, providing expert support, and helping them prepare for future disasters. Collaboration between small and large businesses can lead to increased productivity and resilience, highlighting the importance of mutual support in times of crisis. [Extracted from the article]

Additional Information

  • Source:Harvard Business Review Digital Articles. 2024/10, p1
  • Document Type:Article
  • Subject Area:Geography and Cartography
  • Publication Date:2024
  • Accession Number:180791738
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